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HomeMy WebLinkAbout1729ORDINANCE NO. /7W AN ORDINANCE of the City of Port Angeles, Washington providing for the improvement of a certain area within the city generally known as West Lincoln Heights by the construction and installation of storm sewers therein, the grading, ballasting and paving of certain streets and alleys therein, the construction of curbs and gutters where necessary, and by doing all other work required in connection with such improvements, all pursuant to Improvement Resolution No. 193 of the City passed and approved April 6, 1971; creating a local improvement disstrict therefor, providing for the payment of a portion of the cost of said improvements by special assessments upon the property in said District, providing for the creation of Local Improvement District No. 193 Fund and for the issuance and sale of local improvement district warrants and notes or bonds. WHEREAS, on April 6, 1971, the Council of the City of Port Angeles, Washington, adopted its Improvement Resolution No. 193 declaring its intention to order the improvement of a certain area within the city generally known as West Lincoln Heights by the construction and installation of lateral storm sewers therein, by grading, ballasting and paving of certain streets and alleys therein, the construction of curbs and gutters where necessary and by doing all work required in connection therewith; and WHEREAS, said resolution was duly published in the manner required by law and notice of siad hearing was also duly given by mailing as required by law; and WHEREAS, said hearing was held on May 17, 1971, as provided in said notice, various oral statements for and against the improvements were made and certain written protests were filed and after discussion of said improvements and due consideration thereof the Council has determined to order the construction and installation of the improvements hereinafter more particularly described and to create a local improvement district therefor; NOW, THEREFORE, BE IT ORDAINED by the Council of the City of Port Angeles, Washington, as follows: • Section 1. The area within the City bounded as described on Exhibit A, attached hereto and incorporated by reference herein, shall be improved by the construction and installation of storm .sewers where they do not exist, by grading, ballasting and paving with asphalt the streets and alleys described in Exhibit B, attached hereto and incorporated by reference herein, by the construction of curbs and gutters where they do not exist and by relocating or extending existing utilities where necessary and performing all other work necessary in connection with the improvements described in this resolution. Section 2. The plans and specifications for the improvements described in Section 1 above as prepared by the City Engineer and now on file are hereby adopted and approved. Section 3. There is hereby established a local improvement district of the city to be known as "Local Improvement District No. 193" which said district shall include all the property described in Exhibit A attached hereto. Section 4. Approximately $189,500.00 of the entire cost of the improvements shall be paid from Arterial Street Fund moneys and the remainder of the cost of said improvements shall be borne by and assessed against the property within Local Improvement District No. 193 specially benefited by said improvements. Section 5. There is hereby created a fund of the city to be known as "Local Improvement District No. 193 Fund" into which fund there shall be paid all of the assessments collected in said district as and when directed by the ordinance confirming said assessments and the assessment roll therefor. Interim revenue warrants bearing interest at a rate of not to exceed 8% per annum shall be drawn upon said fund based upon estimates of the City Engineer and shall be sold to such person, -2- firm or corporation or to such other funds of the city as may be provided by resolution of the City Council and in the manner provided by such resolution to furnish moneys for the payment of the costs of construction and installation of said improvements and costs incidental thereto as the same shall be incurred. The proceeds of sale of such interim revenue warrants shall be deposited in said fund and cash warrants drawn thereon in payment of such costs. Upon completion of the improvements and after the expiration of the 30 -day assessment prepayment period, installment notes or bonds of said local improvement district bearing interest at a rate of not to exceed 8% per annum payable on or before twelve years from date of issue shall be issued for the redemption of the outstanding revenue warrants and shall be payable both principal and interest by the collection of special assessments to be levied and assessed upon the property within the district payable in ten equal annual installments with interest at a rate of not to exceed 8% per annum, all as provided by law and ordinances of the city. If bonds are issued they shall be in denominations of $5,000 each, except for Bond No. 1,: the denomination of which shall be hereafter provided by resolution of the City Council. Section 6. This ordinance shall become effective five days from and after its passage, approval and publication. PASSED by the Council of the City of Port Angeles and approved by its Mayor at a regular meeting of said Council held this —▪ day of May, 1971. . - W ATTEST: ti CITY OF PORT ANGELES, WASHINGTON City Clerk Mayor 4it EXHIBIT A "Beginning at the North East corner of Block 115 Townsite of Port Angeles; thence Westerly along the South line of Fourth Street to the North West corner of Block 126 Townsite; thence Southerly along the East line of "I" Street to the North line of the Fourth /Fifth alley; thence Westerly along the North line of the Fourth /Fifth alley to the West line of "I" Street; thence Southerly along the West line of "I" Street to the South East corner of Block 129 Townsite; thence Westerly along the North line of Fifth Street to the brink of the bluff of Port Angeles Harbor; thence Westerly along the brink of the bluff of Port Angeles Harbor thru the Edgecliff subdivision to a point two hundred and fifty feet West of the West line of "N" Street; thence southerly parallel to the West line of "N" Street to the North line of Sixth Street; thence Easterly along the North line of Sixth Street to the West line of "N" Street; thence Southerly along the West line of "N" Street to the North line of the Sixth/ Seventh alley; thence Easterly along the North line of the Sixth Seventh alley to the East line of Evans Avenue; thence Southerly along the East line of Evans Avenue to the North line of the Seventh /Eighth alley; thence Easterly along the North line of the Seventh /Eighth alley to the line between Lots 5 and 6, Block 2, Evans subdivision; thence Southerly parallel to the West line of "M" Street to the North line of Tenth Street; thence Easterly along the North line of Tenth Street to the West line of "M" Street; thence Southerly along the West line of "M" Street to the North line of the Tenth /Eleventh alley; thence Easterly along the North line of the Tenth /Eleventh alley to the line between Lots 5 and 6, Block 312 Townsite; thence Southerly parallel to the West line of "I" Street to the North line of the Twelfth /Thirteenth alley; thence Easterly along the North line of the Twelfth /Thirteenth alley to the West line of "E" Street; thence Northerly along the West line of "E" Street to the South line of Tenth Street; thence Westerly along the South line of Tenth Street to the line between Lots 5 and 6, Block 316 Townsite; thence Northerly parallel to the West line of "5" Street to the North line of Ninth Street; thence Easterly to the West line of "E" Street; thence Northerly along the West line of "E" Street to the North line of Eighth Street; thence Easterly to the line between Lots 15 and 16, Block 242 Townsite; thence Northerly parallel to the East line of "E" Street to the North line of Fifth Street; thence Westerly along the North line of Fifth Street to the West line of "E" Street; thence North- erly along the West'line of "E" Street to the North East corner of Block 115 Townsite, the point of beginning." is EXHIBIT B L.I.D. No. 193 WEST LINCOLN HEIGHTS ON FROM TO STREET: Fourth Street Fifth Street Sixth Street Seventh Street Eighth Street Ninth Street Tenth Street Eleventh Street Twelfth Street "E" Street "F" Street "F" Street "G" Street "H" Street "H" Street "I" Street "K" Street "L" Street "L" Street "M" Street "N" Street ALLEYS: 4th /5th alley 4th /5th alley 5th /6th alley 5th /6th alley 6th /7th alley 7th /8th alley 8th /9th alley 8th /9th alley 9th /10th alley 10th /llth alley llth /12th alley "K" Street "E" Street "E" Street "G" Street "E" Street "F" Street , "F" Street "E" Street "E" Street Fifth Street 4th /5th alley Eighth Street 4th /5th alley 4th /5th alley Tenth Street 4th /5th alley Fourth Street Fourth Street Eighth Street Fourth Street Fourth Street "E" Street point 175 ft. east of "K" Street "E" Street Owen Avenue extended "G" Street "G" Street "E" Street "I" Street "F" Street "E" Street "E" Street "N" Street Evans Avenue "N" Street Evans Avenue "L" Street "G" Street "M" Street "I" Street "I" Street . Eighth Street Sixth Street Twelfth Street Twelfth Street Eighth Street Twelfth Street 12th,13th alley 8th /9th alley Seventh Street Ninth Street Tenth Street Sixth Street "I" Street Evans Avenue Evans Avenue "N" Street Evans Avenue 300 feet West of "K" Street "G" Street "L" Street "G" Street "I" Street "I" Street